Quote:
Originally posted by LewisLeona
I think if there was a maximum wage, it would screw up a lot of peoples lifes. Take for granted 100,000. There are a lot of people who earn over that and some may have mortgages. Take away a few hundred thousand grand a year and I don't expect they will be able to sustain that mortgage
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Im going to have to go out again but thanks for giving a bit longer reply. Although £35,000 is about UK average you are right that a lot are earning over.
As far as mortgages are concerned though anything that reduces the number especially amongst those who dont need them but have them so they can have £1,000,000+ houses is a good thing as the way debt and mortgages is currently being dealt with is why we are in the position we are in at the moment.
As I say though I was not suggesting £100,000 as the cap, maybe I should go back and edit it?
I think Ill leave this now though and see what may come up after 6pm+ if anything.